Gas prices have been rising on the back of soaring oil prices, which shot up in early 2012 amid fears that tensions with Iran could lead to an all-out war that causes a disruption in oil supplies. But the latest Lundberg Survey said gas prices may be peaking, as the price of crude oil has remained relatively steady in March.

Signs of an improving economy have also boosted oil prices, as has the stock market. All three major indexes are up in 2012.

Two weeks ago, President Obama stopped in Cushing, Okla., to announce a fast-track approval process for a portion of the Keystone XL oil pipeline. He has still not given approval for a portion of the pipeline that runs from the Canadian oil sands fields to an existing viaduct in the Midwest.